Processed food market size in South Korea 2012-2021

Published by
Nina Jobst,
Jan 4, 2023
In 2021, the processed food market size in South Korea amounted to around 102.52 trillion South Korean won, increased from about 91.64 trillion in the previous year. The market size of processed food increased in recent years.

Size of the processed food market in South Korea from 2012 to 2021 (in trillion South Korean won)

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Source

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Release date

December 2022

Region

South Korea

Survey time period

2012 to 2021

Supplementary notes

In order to calculate the size of the processed food market, the following formula was applied:
Market size = (Production value) - (Export value) + (Import value)

Processed food industry in this statistic may include processed food, health functional food, food additives and food packing business.

Note: 1,000 South Korean won equals 0.78 U.S. dollars or 0.74 euros as of January 2023.

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